Stibo Systems Expands Its Global Presence with the Opening of New Toronto Office -- Responds to the Needs of Growing Canadian Customerbase

Award-winning multidomain master data management (MDM) provider Stibo
Systems has opened a new Toronto office in order to better serve its
growing customer base in Canada. With industry analyst firm Gartner
predicting the worldwide master data management (MDM) software revenue
to reach $3.2 billion by 2015, Stibo Systems accelerated the opening of
its newest office to better serve the needs of their Canadian customers.

Summary:

The new Canadian office is located at 151 Yonge Street, Suite 1100,
Toronto, ON M5C 2W7 and brings the total number of worldwide locations
to 16.

Stibo Systems STEP technology is used to improve an organization's
operational performance by providing a single authoritative view of
master data that leads to increased revenue, improved eCommerce and
multi-channel sales performance, and reduced data errors that result
in better customer service levels and over-all business intelligence.

“Creating an impressive multichannel experience for our customers is
Best Buy Canada’s number one goal, and we remain committed to meeting
their needs both online and in the store,” said Robert Pearson, Vice
President of eCommerce at Best Buy Canada. “Leveraging Stibo Systems'
deep experience and its proven Master Data Management platform, we can
ensure success in achieving our eCommerce objectives and, more
importantly, continue to meet the unique and growing needs of our
customers.”

About Stibo Systems

Stibo Systems gives data direction by providing organizations with a
leading multidomain master data management (MDM) solution. Stibo Systems
enables organizations to better manage enterprise intelligence on a
global scale, improve sales, and quickly adjust to changes in business
requirements. Stibo Systems’ STEP technology is a flexible, uniform MDM
solution that provides a single trusted source of operational
information for the entire enterprise. Stibo Systems offers deep
industry-specific solutions, engineered, and supported to meet the
strategic information needs of global customers including: GE, Sears,
Siemens, Target, and Thule. Stibo Systems is a subsidiary of the
privately held Stibo A/S group, originally founded in 1794 with
corporate headquarters in Aarhus, Denmark. For more information, visit www.stibosystems.com.

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